Property Type: Condo / ApartmentOwnership: Strata

G 2904 GLENCOE PLACE

Abbotsford, BC V3G1H5

$8,950,000

5 bed3 bath12 parking3,708 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
6.15 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$10,739.3 (2026)

Interior

Basement
Finished, Full
Heating
Forced air, Electric, Natural gas
Fireplace
Yes (3)

Parking

Total spaces
12 — covered indicated
Features
Garage

Listing Information

MLS®
R3157512
Listed
August 20, 2026
Time on market
On the market for 11 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal LePage Little Oak Realty · Data source: CREA DDF.

Description

Land bank in the heart of town! This 6 acre property is priced for its development potential, not just its magical setting. 3 parcels on 1 title, adjacent to the Vicarro Ranch development land and surrounded by the growing East Abby McMillan bowl, this is a strategic holding with a clear path to future upside. And while you wait, there is nothing to sacrifice: a gorgeous 3,700 sq ft custom built rancher with walkout basement, a 2 stall hip roof barn with tack room and hay loft, tons of extra parking, and bluff top views second to none. Close to all levels of schools. Estate living today, development opportunity tomorrow. Properties offering this much lifestyle and potential do not come along often. Truly a once in a lifetime offering! (id:63159)

Values & Trends

This listing

$2,414/sqft

Building average

No other active listings in this building

Abbotsford average

$441/sqft

322 active listing(s)

Parking: 12 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Abbotsford

Monthly figures from the Fraser Valley Real Estate Board for Abbotsford apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$380,900

Jul 2026

Average Sale Price

$384,321

Jul 2026

Monthly Sales

47

Jul 2026

Active Listings

324

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

35 days

Jul 2026

MLS® HPI Benchmark Price

$482,800
$356,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

153,524

(2021 Census)

+8.6% since 2016

Density: 409/km²

Dwellings: 55,659

Median household income: $90,000

After-tax: $81,000

Immigrant population: 28.6%

Top countries of origin (% of total population)

  • India15.5% · 23,835
  • United Kingdom1.5% · 2,315
  • Philippines1.1% · 1,730
  • United States of America0.9% · 1,395
  • Netherlands0.6% · 890
  • Viet Nam0.6% · 880
  • Korea, South0.6% · 845
  • China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

4/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Abbotsford Christian School(Independent)K-12944 m
Yale SecondarySecondary1.2 km
McMillan ElementaryElementary1.3 km
Margaret Stenersen ElementaryElementary1.3 km
William A. Fraser Middle SchoolMiddle1.3 km
Prince Charles ElementaryElementary1.3 km
Dr Thomas A Swift ElementaryElementary1.5 km
Robert Bateman SecondarySecondary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • ebisu sushi797 m

Parks (5+)

  • Glenridge Park332 m
  • Cassiar Park500 m
  • Marble Hill East Park · 2710 Marble Hill Drive508 m
  • Marble Hill West Park · 2711 Marble Hill Drive563 m
  • Glenn Mountain Park593 m

Shopping (1)

  • Glenn Mountain Plaza795 m

Banks & ATMs (1)

  • Scotiabank763 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,790,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,160,000.00
Periodic payment — Principal & Interest (monthly)$46,193.89
Additional monthly expenses (strata, tax, utilities, etc.)$1,079.94
Total monthly cost$47,273.83
Interest paid over 5-yr term$2,052,076.58
Balance at end of term$6,440,443.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,790,000
Stress test qualifying rate8.09%
Payment you must qualify for$55,057.89

Cash Needed at Closing

Minimum down payment$1,790,000
Estimated BC PTT$365,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,157,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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